EVAC — what changed in the latest 10-Q
A section-by-section comparison of EVAC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −3 | ~7 | 10 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-14
As previously disclosed, on July 2, 2026, the Company’s board of directors appointed Derek Rush as a member of the board. Mr. Rush was also appointed to the audit committee of the Company’s board of directors. Additional information related to Mr. Rush’s appointment is included in the Company’s Curr…
We have neither engaged in any operations nor generated any revenues to date. Our only activities from September 9, 2024 (inception) through June 30, 2026 were organizational activities, those necessary to prepare for the Initial Public Offering, described below, and identifying a target company for…
For the three months ended June 30, 2026, we had net income of $3,993,543, which consists of interest income on cash held in the Trust Account of $4,338,720 and interest earned on operating account of $9,966, offset by general and administrative costs of $355,143.
For the six months ended June 30, 2026, we had net income of $7,879,988, which consists of interest income on cash held in the Trust Account of $8,641,405 and interest earned on operating account of $21,576, offset by general and administrative costs of $782,993.
For the three months ended June 30, 2025, we had a net loss of $48,603, which consisted of general and administrative costs.
Text removed vs the prior filing · source: 10-Q · 2026-05-15
We have neither engaged in any operations nor generated any revenues to date. Our only activities from September 9, 2024 (inception) through March 31, 2026 were organizational activities, those necessary to prepare for the Initial Public Offering, described below, and identifying a target company fo…
For the three months ended March 31, 2026, we had net income of $3,886,445, which consists of interest income on investments held in the Trust Account of $4,302,685 and interest earned on operating account of $11,610, offset by general and administrative costs of $427,850.
For the three months ended March 31, 2025, we had net loss of $774, which consists of general and administrative costs.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice